Independent journal on economy and transport policy
18:29 GMT+1
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In 2013, thanks to the cession of 49% of Terminal Link, the result clearly of CMA CGM has grown of +22.8%
The operating result has recorded a bending of -26,9%
March 31, 2014
The French shipowning group CMA CGM has announced today to have concluded the exercise anniversary 2013 with a clearly consolidated profit of 408 million dollars, in increase of +22.8% regarding 332 million dollars in the exercise precedence, against a stability of the revenues that are piled to 15,9 billion dollars. The increment of the result clearly partially is determined by the proceeds deriving from the cession of 49% of the capital of the branch terminalistica Terminal Link to Chinese CMHI ( of the 11 june 2013). Core EBIT has been pairs to 756 million dollars, with a contraction of the -26,9% respect to beyond a billion of dollars in 2012.
Last year the fleet of portacontainer of the transalpine company has transported cargo volumes pairs to 11,4 million container teu, with a progression of +7.5% regarding 2012. Last year the consistency of the fleet of CMA CGM is gone up to 428 ships for a total ability pairs almost 1,6 million teu regarding 414 ships for an ability to beyond 1,4 million teu on December 31, 2012.
"In 2013, in a difficult market - the managing director of CMA CGM, Rodolphe Saadé has commented - we have reduced with success our costs and meanwhile we have increased the volumes transported more quickly regarding the market, what that has allowed us to record one of the best performances financial institutions of the field. In such a way, year after year, we are strengthening our position which third greater world-wide company of the containerized transport".
If for 2014 an increment of the 4-5% of world-wide the total volume of goods is attended containerized transported by sea, CMA CGM considers that to a rise of the hires at the beginning of the year it will follow a phase of pressure of the rates for the remaining part of 2014 because of the persistent misalignment between supply and demand.
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The French shipowning group CMA CGM has announced today to have concluded the exercise anniversary 2013 with a clearly consolidated profit of 408 million dollars, in increase of +22.8% regarding 332 million dollars in the exercise precedence, against a stability of the revenues that are piled to 15,9 billion dollars. The increment of the result clearly partially is determined by the proceeds deriving from the cession of 49% of the capital of the branch terminalistica Terminal Link to Chinese CMHI 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
